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SUMMIT HOTEL PROPERTIES COMPLETES $200 MILLION JOINT VENTURE CREDIT FACILITY REFINANCING

PR Newswire - Wed Sep 20, 2023

AUSTIN, Texas, Sept. 20, 2023 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company") today announced that its joint venture with GIC, Singapore's sovereign wealth fund, has successfully completed the refinancing of its $200 million senior credit facility (the "Credit Facility"), which is comprised of a $125 million revolving credit facility (the "$125 Million Revolver") and a $75 million term loan (the "$75 Million Term Loan").

Read more at prnewswire.com

Provided Content: Content provided by PR Newswire. The Globe and Mail was not involved, and material was not reviewed prior to publication.

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